The US electric car manufacturer Tesla kept sales decline smaller than expected in the second quarter. In the three months to the end of June, Americans delivered 443,956 vehicles, almost 5 percent less than a year earlier, as they announced on Tuesday in Austin (Texas).
However, analysts on average had expected a slightly more significant decline. The shares rose 4.1 percent in premarket US trading. The stock had already gained significantly at the beginning of the week.
According to Tesla’s own information, it only manufactured around 411,000 cars in the quarter. In the recent past the company had… Elon Musk (53) often produces more than it sells in an unexpectedly weak market environment. As a result, Tesla granted high discounts in order to get rid of the cars. The electric car pioneer caused a lot of anger in the industry because other manufacturers had to follow suit. Tesla plans to present its financial results for the second quarter on July 23rd.